Why is Pavna Industries falling/rising?

As of 18-Nov, Pavna Industries Ltd is experiencing a decline in its stock price, currently at Rs 31.80, which reflects a decrease of 3.33 or 9.48%. The stock has been underperforming significantly, having fallen consecutively for the last three days, resulting in a total return of -14.84% during this period. Additionally, the stock has underperformed its sector by 8.13% today. It has also touched an intraday low of Rs 30.9, indicating high volatility with an intraday fluctuation of 6.29%. The stock is trading below all key moving averages, and there has been a notable drop in investor participation, with delivery volume decreasing by 43.45% compared to the five-day average.
Broader Market Context: In the context of the broader market, Pavna Industries has significantly underperformed against the Sensex, which has shown a positive return of 0.96% over the past week. Over the past month, the stock has declined by 14.03%, while the Sensex has increased by 0.86%. Year-to-date, Pavna Industries has seen a staggering decline of 35.50%, contrasting sharply with the Sensex's gain of 8.36%. This stark difference highlights the challenges faced by Pavna Industries in the current market environment, contributing to its falling stock price.